NGCP rate reset, Meralco refund regulator’s priorities

Quick Summary:

THE rate reset review for system operator National Grid Corp.of the Philippines (NGCP) and the lapsed period rate refund of the Manila Electric Co.(Meralco) are the key priorities that the Energy Regulatory Commission (ERC) vowed to finish within the first semester of 2025.

Back then, NGCP President Anthony Almeda fervently  urged the ERC to release its decision, saying the company  “needs it badly.“Fair for all and just follow the rules of the agreement.

The review already runs parallel to NGCP’s 5RP application covering the years 2021 to 2025.

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Article Details

Author / Journalist: Lenie Lectura

Category: BusinessStartups

Markets: Philippines

Topics: Ngcp’s Ngcp Meralco’s Semester Application Other Priorities Meralco Lapsed Rate Reset

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 12:55:19 (2 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 747 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24960570

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